Northeastern to Sell Bonds to Replace Iconic Boston Hockey Arena<img src='https://sb.scorecardresearch.com/p?c1=2&c2=6035286&cv=4.4.0&cj=1'>SubscribeSign inView Market DashboardHomeLatest NewsMarketsMarket NewsMark to MarketCommoditiesLive BlogsCryptocurrencyIPOStock MarketsMarket DataStock PagesIndex pagesBullionGold SilverFuelPetrolDieselNewsIndiaWorldWSJEconomistUS NewsTrendsPremium e-paperGlobal Partners WSJEconomistBarron'sMint SpecialsMint ExplainersMark to MarketLong StoryMint PrimerSnapviewSectionsCompaniesTechnologyMarketsMoneyMutual FundsInsuranceAutoIndustryPersonal FinanceCompaniesStart-upsCompany ResultsPeopleMoneyPersonal FinanceInsurance Ask Mint MoneyMutual FundsMyMintIPL Schedule 2025Personal LoanTechnologyGadgetsTech ReviewsApp News5G TechFoldable SmartphonesMint HindiMoreElection 2025OpinionAuto NewsSportsOrange Cap in IPLPurple Cap in IPLIPL 2025EducationTools IFSC Code FinderIncome Tax CalculatorMint LoungeMintGenie Multi-MediaVideosWebStories Photo GalleryPodcastsExplore MintAbout usPrint subscriptionMint AuthorsSubscriber terms of usePrivacy PolicyTerms of UseDisclaimerMint codeCookie PolicyCode of ethicsSitemapContact UsHindustan TimesLive HindustanHealthshotsCredit CardHappy Holi 2025 Hello UserSign inSign OutMy AccountSubscribeMy WatchlistNewslettersNotificationsMy ReadsFor YouView Less -View More +Data InsightsMarket DashboardBullionGoldSilverFuelPetrolDieselCommoditiesGoldGoldMAluminumMenthaoilSilverSilverMICGoldPetalNatural GasCopperZincSilverMCrudeOilGoldGinueaLeadCryptoCurrenciesView Less -View More +Top SectionsToday's NewsIndia NewsWorld NewsUS News TodayBudget 2025EconomyMoney NewsPersonal FinanceQ&AOpinionCompany Business NewsIPO NewsStart-upsCompany ResultsTop Company LeaderStock Market NewsStock MarketsCommodity NewsMark To MarketIPO NewsLive Blogpersonal loanpersonal loan emi calculatorPersonal Loan Interest RatePersonal Loan EligibilityBusiness LoanInstant LoanElection Results 2025Assembly Elections 2025Indian Industry AnalysisBanking NewsInfotech NewsInfrastructureAgricultureManufacturingEnergy NewsRetail NewsAuto NewsSports NewsOpinionViewsColumnsTechnology NewsGadgetsTech ReviewsApp NewsPolitics NewsLoungeBusiness of LifeSports NewsIPL 2025 IPL 2025 Points Table IPL 2025 Orange CapIPL 2025 Purple CapIPL Match Today | IPL 2025 ScheduleEducation News TodayView Less -View More +Premium Offeringse-paperWSJEconomistBarron'sMyMintMint PremiumView Less -View More +Tools and CalculatorsIFSC Code FinderIncome Tax CalculatorSIP CalculatorEMI CalculatorHome Loan EMI CalculatorCar Loan EMINPS CalculatorView Less -View More +MultiMedia CollectionsVideosWebStoriesPhoto GalleryPodcastsView Less -View More +More From MintMint GenieMint LoungeMint HindiView Less -Explore MintAbout UsPrint SubscriptionMint AuthorsTerms of UseDisclaimerMint CodeCode of ethicsCookie PolicyPrivacy PolicySubscriber - Terms of UseSITEMAPContact UsMint AppsView Less -View More +Copyright © HT Digital Streams Limited All Rights Reserved.Northeastern to Sell Bonds to Replace Iconic Boston Hockey ArenaNortheastern University is looking to sell municipal bonds to help replace its storied Matthews Arena, a century-old facility where the NHL’s Boston Bruins and NBA’s Boston Celtics played.BloombergPublished14 Mar 2025, 12:44 AM ISTNortheastern to Sell Bonds to Replace Iconic Boston Hockey Arena (Bloomberg) -- Northeastern University is looking to sell municipal bonds to help replace its storied Matthews Arena, a century-old facility where the NHL’s Boston Bruins and NBA’s Boston Celtics played. Board members for the Massachusetts Development Finance Agency, a state agency that can issue debt on behalf of nonprofits, voted on Thursday to approve the issuance of as much as $650 million of bonds on behalf of the university. Currently, Northeastern’s men’s and women’s hockey teams as well as the men’s basketball team use the arena, which opened in 1910. Northeastern wants to replace the facility, more popularly known as the Boston Arena, with a multi-purpose complex that will continue to host the teams but also serve as a space for other academic and non-athletic events. The new arena would seat 4,050 people for ice hockey and 5,300 for basketball events, according to the school. The aging facility has been through previous renovations since Northeastern assumed ownership in 1979. Back in 1924, the Boston Bruins played their first home game at the arena and in 1946 the Celtics played their first home game there, according to the university’s athletics department. Baseball legend Babe Ruth was also a frequent visitor. The school plans to sell about $400 million of bonds to finance the athletics and recreation complex and $100 million to finance other capital projects on its Boston campus, according to spokesperson Michael Armini. Northeastern would set aside the rest for future potential projects, he said. Separately, MassDevelopment board members on Thursday also approved a muni bond sale of as much as $165 million for Wellesley College, a women’s liberal arts college about 15 miles away from Northeastern’s Boston campus. Wellesley is looking to borrow money to refinance existing debt and fund new projects on its campus, according to a Feb. 28 notice by the agency. Massachusetts Governor Maura Healey must approve both transactions for the bond sales to proceed, according to MassDevelopment spokesperson Kelsey Schiller. More stories like this are available on bloomberg.com ©2025 Bloomberg L.P. 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Download The Mint News App to get Daily Market Updates.Business NewsCompaniesNewsNortheastern to Sell Bonds to Replace Iconic Boston Hockey ArenaMoreLessFirst Published:14 Mar 2025, 12:44 AM ISTGet Instant Loan up to ₹10 Lakh!Enter Mobile NumberEmployment TypeSalariedSelf-Employed BusinessApply NowMost Active StocksMarket SnapshotTop GainersTop Losers52 Week HighTrending In Market IndusInd Bank share priceGensol Engineering share priceHEG share priceBSE share price Indusind Bank Share Price LIVESmall cap stockRecommended For YouMore RecommendationsGold Prices24K22KFuel PricePetrolDieselPopular in CompaniesStory Url has been added to your clipboardDownload AppDownload the Mint app and read premium storiesTrending StoriesAirtel Spacex Maharashtra state budget Maharashtra budget 2025 LIVE Chhaava Box Office Collection Champions Trophy 2025 Indian stock market Mark Carney Suzlon Share Price ICC Champions Trophy 2025 Points Table ICC Champions Trophy 2025 Schedule ICC Champions Trophy 2025 Most Runs ICC Champions Trophy 2025 Most Wickets Livemint Hindi Bank Holidays in Gujarat Bank Holidays in Delhi Bank Holidays in September Income Tax Calculator 2025 Bank Holidays in Jammu And Kashmir Instant Personal Loan Check Credit Score Online Business Loan Personal Loan Interest Rate Personal Loan Eligibility Personal Loan EMI Calculator Gold Rate in Delhi Gold Rate in Bangalore Gold Rate in Chennai Gold Rate in Hyderabad Gold Rate in Mumbai Business Radio - FAB Play Assembly Election Results Credit Card Personal Loan Online Gold Rate India Bank Holidays India Stocks to Watch Stocks to Buy Popular StocksJSW INFRASTRUCTURE share priceR R KABEL share priceCONCORD BIOTECH share priceIDBI Bank share priceYes Bank share priceAdani Power share priceHUL share priceIndian Oil share priceVedanta share priceJio Financial Services share pricePaytm share pricePunjab National Bank share priceCanara Bank share priceAdani Green Energy share priceIndian Railway Finance Corporation share priceSuzlon Energy share priceIREDA share priceVodafone Idea share priceOrient Technologies share pricePremier Energies share priceBajaj Housing Finance Share PriceGaruda Construction And Engineer share priceHyundai Motor India share priceNifty 50 companiesADANI ENTERPRISES share priceADANI PORTS share priceAPOLLO HOSPITALS share priceASIAN PAINTS share priceAXIS BANK share priceBAJAJ AUTO share priceBAJAJ FINANCE share priceBAJAJ FINSERVE share priceBPCL share priceBHARTI AIRTEL share priceBRITANNIA share priceCIPLA share priceCOAL INDIA share priceDIVIS LABORATORIES share priceDR REDDYS LABORATORIES share priceEICHER MOTORS share priceGRASIM INDUSTRIES share priceHCL TECHNOLOGIES share priceHDFC BANK share priceHDFC LIFE share priceHERO MOTOCORP share priceHINDALCO INDUSTRIES share priceHINDUSTAN UNILEVER share priceICICI BANK share priceITC share priceINDUSIND BANK share priceINFOSYS share priceJSW STEEL share priceKOTAK BANK share priceLARSEN & TOURBO share priceMAHINDRA & MAHINDRA share priceMARUTI SUZUKI share priceNTPC share priceNESTLE INDIA share priceONGC share pricePOWER GRID share priceRELIANCE INDUSTRIES share priceSBI LIFE share priceSBI share priceSUN PHARMA share priceTCS share priceTATA MOTORS share priceTATA STEEL share priceTATA CONSUMER share priceTECH MAHINDRA share priceTITAN share priceUPL share priceULTRATECH CEMENT share priceWIPRO share priceLatest StoriesSectionPremiumOpinionNewsMarketPoliticsCompaniesMoneySportsMutual FundIndustryTechnologyToolsIFSC Code FinderIncome Tax CalculatorSIP CalculatorHome Loan EMI CalculatorCar Loan EMINPS CalculatorData PagesMarket DashboardIndicesTop GainerMutual FundsGold PriceSilver PriceFuel PriceAbout UsMint AuthorsContact usTerms of UseCode of EthicsPrivacy PolicyRSSCopyright © 2025 HT Digital Streams Limited. 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